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31 U.S.C. § 9308Civil penalty

submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 83 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

A surety corporation is liable to the United States Government for a civil penalty of at least $500 but not more than $5,000 for violating section 9304, 9305, or 9306 of this title. A civil action under this section may be brought in a judicial district in which a civil action may be brought against the corporation under section 9307 of this title. A penalty imposed under this section does not affect the validity of a contract made by the surety corporation.

Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)

history & why it existsrecord from the source credit
  • 1982Enacted · Pub. L. 97-258 · 96 Stat. 1049

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.

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